Topic: Are you OK with Bitcoin being called a token? - page 6. (Read 3270 times)
I am not okay with Bitcoin being called a token because it's not that. A token is something that's redeemable later for something of real value. I would call altcoins tokens of Bitcoin actually
As "Coin" is even in the name of Bitcoin, I always refer to Bitcoin as a coin. Actually I refer to all Crypto that are a currency of some sort (own blockchain most of the time) as coin and I use the term token for other cryptos like utility tokens or equitity tokens, as they have another use case than that of a currency. I personally do this distinction, but I dont care much if other people do it or not. As long as I understand what is meant, Im alright with whatever terminology.
Coin, token, or any names that is use to call bitcoin is appreciated as long as a person acquire knowledge and wisdom to it. Some are affected because they are are just emotional, but, in the very point of it ethereum and bitcoin is both crypto/digital coin, I will not appeal to this issue because I know that bitcoin is leading than token ETH.
P.S. I call bitcoin as oxygen, any appeal and issue to that? Complain will be appreciated.
P.S. I call bitcoin as oxygen, any appeal and issue to that? Complain will be appreciated.
It doesn't matter what they want bitcoin to be called. It does not change what bitcoin is and how bitcoin is helping me to earn money.
for me it doesn't matter if someone will call bitcoin a token or a coin or anything else.
as long as i know what it really is then i am ok with it.
i won't be affected by their pronunciations since it wont affect bitcoins value after all.
or will it degrade bitcoin's capability.
as long as i know what it really is then i am ok with it.
i won't be affected by their pronunciations since it wont affect bitcoins value after all.
or will it degrade bitcoin's capability.
It's actually not an issue for me whatever they call bitcoin because for us believers we know really it's worth and value and we know what to call it as a currency, money, or another source of a fund which is actually contributing in our daily lives. Call them whatever they want because for them whatever they call it meaning that's how they see bitcoin and they don't know the real value of it.
Token is small word for bitcoin master coin and it will be insult to bitcoin to say a normal token. Bitcoin is a supreme power of all coin which help to all altcoin enter and run in the crypto market. But some people don't understand the premium value of bitcoin.
You can only named it as a token if bitcoin rely on other blockchain but bitcoin is the first to use the blockchain technology and have its own deployed blockchain so we cannot called it as a token because its not an asset of another coin.
FAQ:
Why is this an issue?
Bitcoin is the proud leader, "tokens" are for the ETH Bubble Game. Calling Bitcoin a token is not even technically correct. That does matter to some people.
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OP
Popular use of the word "token", in this community, is/was related to "ETH ICO bubble things", not the creation of Satoshi known as Bitcoin.
BTC = Bit COIN not Bit Token
"...bitcoin closed Tuesday at $4,009 per token — twice its price in July..."
https://www.usatoday.com/story/tech/news/2017/09/21/bitcoin-buyers-libertarian-bent-drive-prices-records/594971001/
The above is only one of way too many recent examples in the media.
Are you OK with Bitcoin being called a token?
Do you need to be sent to crypto re-education camp?
Other people called it a scam or whatever i will always believe in bitcoin that Satoshi Nakamoto founded.Even if it is named a token or a coin as long as it plays a very big role in the market today for its value that continue to rise that really doesnt matter.Bitcoin changes every persons life and financial status whose into this business.Every individual focus on the profit and the benefit that it brings and not the name itself.What is most important for me is to learn earn more knowledge on how to earn it to be enable to be financially free someday. Why is this an issue?
Bitcoin is the proud leader, "tokens" are for the ETH Bubble Game. Calling Bitcoin a token is not even technically correct. That does matter to some people.
``````````````
OP
Popular use of the word "token", in this community, is/was related to "ETH ICO bubble things", not the creation of Satoshi known as Bitcoin.
BTC = Bit COIN not Bit Token
"...bitcoin closed Tuesday at $4,009 per token — twice its price in July..."
https://www.usatoday.com/story/tech/news/2017/09/21/bitcoin-buyers-libertarian-bent-drive-prices-records/594971001/
The above is only one of way too many recent examples in the media.
Are you OK with Bitcoin being called a token?
Do you need to be sent to crypto re-education camp?
It doesn't matter to me whatever they call bitcoin. They can call it anything they want to call it. That's their opinion and we have nothing to do about that. As long as it wont affect it's price. But i think it's wrong to bitcoin a token because it's a digital currency which you can also buy something using it. But as long we benefits from bitcoin. It doesn't matter how they see it or what they call it. A token, a coin or currency. As long as they buying and using bitcoin, o don't mind that. But still they have to be educated about this.
I think what they are trying to point out is that some people misunderstood BTC if it is called a token.
For example : hey do you know the Bitcoin token
Man 2: I don't know about it man, is that some king of token in an amusement park?
So it is being misunderstood, but if you call it cryptocurrency, people will ask you what is cryptocurrency bro. And the explanation is on.
Like what Google have said:
a thing serving as a visible or tangible representation of a fact, quality, feeling, etc.
According to the meaning of it, BTC is suitable to be called a token, a token for the representation of the gold of the internet. It's a symbol that is saying : BTC token "The beginning of cryptocurrencies".
Bitcoin being a token has been used in the past, and now things has changed a lot. During those days it was used as an storage token that can be used to hold amounts in a virtual manner. People preferred for tax evasion and now this is not found much, because the intention of holding bitcoin at present is based on the growth it provides.
It is ok that Bitcoin would be called token because token is just another termfor currency exclusivein a certain place or environment like fun houses and amusement parks. Yet, it is somehow unpleasant to hear the word token in a coin that's the price is higher than any other currency.
I don’t really mind bitcoin be called token. What ever they want to call it is fine and whatever names they come up to will not change the fact that it is now the most successful in the market. As long as bitcoin helps people financially, naming it as token will not matter at all. Jsut focus on what good it will bring you in the future and not the names that arises along the way.
FAQ:
Why is this an issue?
Bitcoin is the proud leader, "tokens" are for the ETH Bubble Game. Calling Bitcoin a token is not even technically correct. That does matter to some people.
``````````````
OP
Popular use of the word "token", in this community, is/was related to "ETH ICO bubble things", not the creation of Satoshi known as Bitcoin.
BTC = Bit COIN not Bit Token
"...bitcoin closed Tuesday at $4,009 per token — twice its price in July..."
https://www.usatoday.com/story/tech/news/2017/09/21/bitcoin-buyers-libertarian-bent-drive-prices-records/594971001/
The above is only one of way too many recent examples in the media.
Are you OK with Bitcoin being called a token?
Do you need to be sent to crypto re-education camp?
Why is this an issue?
Bitcoin is the proud leader, "tokens" are for the ETH Bubble Game. Calling Bitcoin a token is not even technically correct. That does matter to some people.
``````````````
OP
Popular use of the word "token", in this community, is/was related to "ETH ICO bubble things", not the creation of Satoshi known as Bitcoin.
BTC = Bit COIN not Bit Token
"...bitcoin closed Tuesday at $4,009 per token — twice its price in July..."
https://www.usatoday.com/story/tech/news/2017/09/21/bitcoin-buyers-libertarian-bent-drive-prices-records/594971001/
The above is only one of way too many recent examples in the media.
Are you OK with Bitcoin being called a token?
Do you need to be sent to crypto re-education camp?
when satoshi make bitcoin make it currency not token.
Bitcoin is global coin not like token (token mean accepted by single / multiply sites/places and have value) not like bitcoin
Right now the only way that one can explain Bitcoin is that it is a token, a non-standard currency that is soon to change the stakes as more and more people laugh about this trivialization all the way to the bank.
Well I don't care whatever they want to call on bitcoin. It doesn't change the meaning and purpose of it so its nothing for me.
The most important thing here is the price any thing you call it no problem
FAQ:
Why is this an issue?
Bitcoin is the proud leader, "tokens" are for the ETH Bubble Game. Calling Bitcoin a token is not even technically correct. That does matter to some people.
``````````````
OP
Popular use of the word "token", in this community, is/was related to "ETH ICO bubble things", not the creation of Satoshi known as Bitcoin.
BTC = Bit COIN not Bit Token
"...bitcoin closed Tuesday at $4,009 per token — twice its price in July..."
https://www.usatoday.com/story/tech/news/2017/09/21/bitcoin-buyers-libertarian-bent-drive-prices-records/594971001/
The above is only one of way too many recent examples in the media.
Are you OK with Bitcoin being called a token?
Do you need to be sent to crypto re-education camp?
Why is this an issue?
Bitcoin is the proud leader, "tokens" are for the ETH Bubble Game. Calling Bitcoin a token is not even technically correct. That does matter to some people.
``````````````
OP
Popular use of the word "token", in this community, is/was related to "ETH ICO bubble things", not the creation of Satoshi known as Bitcoin.
BTC = Bit COIN not Bit Token
"...bitcoin closed Tuesday at $4,009 per token — twice its price in July..."
https://www.usatoday.com/story/tech/news/2017/09/21/bitcoin-buyers-libertarian-bent-drive-prices-records/594971001/
The above is only one of way too many recent examples in the media.
Are you OK with Bitcoin being called a token?
Do you need to be sent to crypto re-education camp?
I do not even care if they called it tolen because whatever they calls it, they are still the moat successful token on this business. The most important thing is on how their career go in this business in this industry not on how they've been called. Because even though thwy called it a token so what? At least the other tokens cannot curpass them at this moment because they are dominating the whole people around the world and that is the most important. Name doesnt really matter the most important thing is the capabilities.
Call it whatever you want. It is still worth a massive amount of money.
I agree. It doesn't matter what talk called let's not get hung up on names. Arguing about what it really should be called or how it works and how that effects what it should be called should update not be and never be a priority. The priority is to collect Bitcoin.
You should just call it an alt coin
I am not sure why you or anyone would call bitcoin a token at this point in time. It has been almost 10 years since bitcoin came out so it is far from a token. Now there is plenty of new coins that are called tokens and im fine with that as they are new. Some of this new tokens hold my attention like this angel token that i see potential for and growth.
I'm not sure either. It seems like unnessesry drama. But I guess they say this because of the way it works and he things are going right now with coins and tokens showing up all over the place.
In my opinion, this is not entirely normal, if you call a bitlock a token. Bitcoin is the first crypto currency known to the whole world and therefore it occupies a special place in the world of crypto currency. All other coins mined or released as a result of the ICO should be called altcoyins. Coins issued during the ICO are also called tokens.
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